Is State Street Energy Select Sector SPDR ETF halal to invest in?

As of August 2026, State Street Energy Select Sector SPDR ETF XLE is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is State Street Energy Select Sector SPDR ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes State Street Energy Select Sector SPDR ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for State Street Energy Select Sector SPDR ETF updated?

The Shariah compliance status of State Street Energy Select Sector SPDR ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like State Street Energy Select Sector SPDR ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of State Street Energy Select Sector SPDR ETF?

You can check the latest Shariah compliance status of State Street Energy Select Sector SPDR ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

State Street Energy Select Sector SPDR ETF XLE

XLE Shariah Compliance

Screening Methodology: AAOIFI

As of August 2026, State Street Energy Select Sector SPDR ETF is classified as halal.

HALAL

State Street Energy Select Sector SPDR ETF. Analysis XLE

US Equity Energy

XLE was created on 1998-12-16 by SPDR. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 41758.91m in AUM and 24 holdings. XLE tracks a market-cap-weighted index of US energy companies in the S&P 500.

State Street Energy Select Sector SPDR ETF (XLE) Chart

Key Statistics of State Street Energy Select Sector SPDR ETF (XLE)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
99.64%
Other
0.36%

FAQ's for State Street Energy Select Sector SPDR ETF (XLE)

As of August 2026, State Street Energy Select Sector SPDR ETF XLE is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes State Street Energy Select Sector SPDR ETF using these criteria to determine its compliance status.
The Shariah compliance status of State Street Energy Select Sector SPDR ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of State Street Energy Select Sector SPDR ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.